Kymd Colliers extends bid deadline
Wednesday 05 November 2014 8:38 pm|Updated:Friday 07 June 2019 3:44 pmOld Mutual share price hit by weak South African growthBy: Tim WallaceShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleAsset manager Old Mutual yesterday said its third-quarter sales were down, as weak economic growth in South Africa and the falling rand started to bite.Sales volumes fell five per cent to pound;6.2bn, from pound;6.5bn in the same quarter of 2013.Emerging markets sales fell most sharply, down 13 per cent to pound;2.4bn, on poor South African prospects.Even excluding the depreciation of the rand, South African sales fell three per cent to 31.1bn rand pound;1.7bn . But Old Mutual Wealth ndash; with big UK and global arms ndash; saw sales edge up by one per cent to pound;3.8bn.ld <a href=www.brumates.us>brumate cooler</a> quo;While economic activity remains subdued in South Africa, with consumers remaining under pressure, the governmentrsquo medium term budget policy statement is positive for the economy as a whole, said chief executive Julian Roberts.Growth remains robust elsewhere in Africa. The UK retail financial services market is large and developing fast.Analyst William Howlett at SP Capital IQ kept his stock recommendation on hold.He cut his earnings per share forecast for Old Mutual by four per cen <a href=www.stanleycup.at>stanley isolierkanne</a> t on the back of the <a href=www.bru-mate.ca>brumate</a> falling South African currency.Old Mutualrsquo shares fell immediately Tqsj First drop in revenue for Microsoft
Wednesday 25 September 2013 8:01 pmLaura Ashley to target younger homebuyers after drop in salesBy: Express KCSShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleLAURA <a href=www.stanley-cup.at>stanley becher</a> Ashley is planning to tap in to the recovery in the housing market by targeting younger customers for its homewares division after a lacklustre performance from its fashion range hurt sales and its shares.Famous for its feminine and floral designs, the 60-year-old firm said yesterday it planned to make its furniture, home accessories and decorating ranges more appealing to 25 to 35-year-olds who are looking to buy properties for the first time.Homeware has been the most important for the last 10 years or so, finance director Sean Anglim said, adding that any rise in consumer confidence would take time to feed through to retailers.The focus on the homewares division follows a disappointing performance from the grouprsquo fashion division which posted <a href=www.owala-water-bottle.us>owala water bottle</a> a 6.9 per cent fall in sales in the 26 weeks to 27 July, helping to drag total group sales down by 5.6 per cent. That drop took group sales to pound;137.3m, while profit before tax slipped pound;900,000 on last year to pound;7.4m. Shares fell 8.6 per cent to 24p.Share this articleFacebookXLinkedInWhatsAppEmailSimilarly tagged content: SectionsNewsCategoriesBusinessTrending ArticlesLabour will regret the Rentersrsquo; <a href=www.owala-water-bottle.us>owala website</a> Rights ActUK at lsquo;greatest
Wednesday 05 November 2014 8:38 pm|Updated:Friday 07 June 2019 3:44 pmOld Mutual share price hit by weak South African growthBy: Tim WallaceShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleAsset manager Old Mutual yesterday said its third-quarter sales were down, as weak economic growth in South Africa and the falling rand started to bite.Sales volumes fell five per cent to pound;6.2bn, from pound;6.5bn in the same quarter of 2013.Emerging markets sales fell most sharply, down 13 per cent to pound;2.4bn, on poor South African prospects.Even excluding the depreciation of the rand, South African sales fell three per cent to 31.1bn rand pound;1.7bn . But Old Mutual Wealth ndash; with big UK and global arms ndash; saw sales edge up by one per cent to pound;3.8bn.ld <a href=www.brumates.us>brumate cooler</a> quo;While economic activity remains subdued in South Africa, with consumers remaining under pressure, the governmentrsquo medium term budget policy statement is positive for the economy as a whole, said chief executive Julian Roberts.Growth remains robust elsewhere in Africa. The UK retail financial services market is large and developing fast.Analyst William Howlett at SP Capital IQ kept his stock recommendation on hold.He cut his earnings per share forecast for Old Mutual by four per cen <a href=www.stanleycup.at>stanley isolierkanne</a> t on the back of the <a href=www.bru-mate.ca>brumate</a> falling South African currency.Old Mutualrsquo shares fell immediately Tqsj First drop in revenue for Microsoft
Wednesday 25 September 2013 8:01 pmLaura Ashley to target younger homebuyers after drop in salesBy: Express KCSShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleLAURA <a href=www.stanley-cup.at>stanley becher</a> Ashley is planning to tap in to the recovery in the housing market by targeting younger customers for its homewares division after a lacklustre performance from its fashion range hurt sales and its shares.Famous for its feminine and floral designs, the 60-year-old firm said yesterday it planned to make its furniture, home accessories and decorating ranges more appealing to 25 to 35-year-olds who are looking to buy properties for the first time.Homeware has been the most important for the last 10 years or so, finance director Sean Anglim said, adding that any rise in consumer confidence would take time to feed through to retailers.The focus on the homewares division follows a disappointing performance from the grouprsquo fashion division which posted <a href=www.owala-water-bottle.us>owala water bottle</a> a 6.9 per cent fall in sales in the 26 weeks to 27 July, helping to drag total group sales down by 5.6 per cent. That drop took group sales to pound;137.3m, while profit before tax slipped pound;900,000 on last year to pound;7.4m. Shares fell 8.6 per cent to 24p.Share this articleFacebookXLinkedInWhatsAppEmailSimilarly tagged content: SectionsNewsCategoriesBusinessTrending ArticlesLabour will regret the Rentersrsquo; <a href=www.owala-water-bottle.us>owala website</a> Rights ActUK at lsquo;greatest